Cambridge Acquisition Corp. Insider Trading Activity
Cam-Phung Michael Tam reported open-market purchase transactions in a Form 4 filing for CAQUU.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Cam-Phung Michael Tam reported open-market purchase transactions in a Form 4 filing for CAQUU. The filing lists transactions totaling 495,500 shares at a weighted average price of $10.00 per share. Following the reported transactions, holdings were 495,500 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Ordinary Shares | 495,500 | $10.00 | $4.96M |
Footnotes (3)
- F1. Reflects the 495,500 Class A ordinary shares of Cambridge Acquisition Corp. (the "Issuer") that are included in the 495,500 private placement units of the Issuer purchased by Cambridge Sponsor LLC ("Sponsor"). Each private placement unit was purchased for $10 per unit and consists of one Class A ordinary share and one-third of a warrant, each whole warrant exercisable into one Class A ordinary share at an exercise price of $11.50 per ordinary share.
- F2. The Sponsor is the record holder of such shares Michael Cam- Phung, as the managing member of the Sponsor, holds voting and investment discretion with respect to the ordinary shares held of record by the Sponsor. As such, Mr. Cam- Phung may be deemed to have beneficial ownership of the securities held of record by the Sponsor. Mr. Cam- Phung disclaims any beneficial ownership of the securities held by the Sponsor other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
- F3. Excludes 7,666,667 Class B ordinary shares of the Issuer held by the Sponsor acquired pursuant to a subscription agreement by and between the Issuer and the Sponsor.
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